Moderate Pace Continues For Apt. Rent Gains


GLOBEST.COM (October 4, 2017) – At a national average of 2.6% year over year, the current rate of rent growth is “roughly in line with the long-term norm,” says Greg Willett at RealPage.

Although lower in velocity than the apartment sector saw a few years ago, rent growth is continuing across the board, RealPage Inc. said Wednesday. However, occupancy has slipped frationally and the balance of 2017 poses a question mark around this metric.

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